Liberia (LBR) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

About

In N/A, Liberia did not export any services to Montenegro.

Montenegro-Liberia Trade: In N/A, Montenegro exported $2.1k to Liberia. The main products that Montenegro exported to Liberia were Self-adhesive Plastics ($421), Other Plastic Products ($364), and Other Small Iron Pipes ($362). Over the past N/A years the exports of Montenegro to Liberia have decreased at an annualized rate of 3.36%, from $2.58k in N/A to $2.1k in N/A.

In N/A, Montenegro did not export any services to Liberia.

Comparison In 2022, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Liberia does not register exports to Montenegro.

In 2017, Montenegro exported $2.1k to Liberia. The main products exported from Montenegro to Liberia were Self-adhesive Plastics ($421), Other Plastic Products ($364), and Other Small Iron Pipes ($362). During the last 5 years the exports of Montenegro to Liberia have decreased at an annualized rate of 3.36%, from $2.58k in 2022 to $2.1k in 2017.

Exports from Liberia () to Montenegro () (2022)

Exports from Montenegro () to Liberia () (2022)

Latest Data

Trade between Liberia () and Montenegro ()

Montenegro Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

Montenegro
Top DestinationSouth Korea$321M

This map shows whether countries import more from Liberia or Montenegro. Each country is colored based on the difference in imports they receive from Liberia and Montenegro or the difference in the growth in imports.

In 2022, countries that imported more from Liberia than Montenegro included Switzerland ($544M), France ($158M), and United Kingdom ($148M).

In 2022, countries that imported more from Montenegro than Liberia included South Korea ($321M), Serbia ($159M), and Italy ($125M).

Difference in imports from Montenegro () and Liberia () (2022)

Comparative Advantage Liberia - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Liberia and Montenegro by product, considering products traded by both, Liberia and Montenegro.

During 2017, Montenegro had a large net trade with Liberia in the exports of Plastics and Rubbers ($873), Metals ($431), and Machines ($279).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Liberia and Montenegro. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Montenegro. Similarly, a dot/product with the flag of Montenegro indicates it has a comparative advantage over Liberia.

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Montenegro () (2022)

Exports from Montenegro () to Liberia () (2022)

Latest Data

Trade between Liberia () and Montenegro ()

Montenegro Exports

Market Competitiveness

Difference in imports from Montenegro () and Liberia () (2022)

Comparative Advantage Liberia - Montenegro

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Liberia () and Montenegro () (2022)

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